The document discusses collaborative sourcing and achieving savings through visibility, analysis, process and collaboration. It describes a panel discussion on these topics between representatives from Ariba, Ardent Partners, BB&T, Coach and Ranbaxy Laboratories. The panelists discuss how gaining spend visibility, analyzing spend data, standardizing sourcing processes and collaborating across organizations and with suppliers can help unlock savings. BB&T and Coach provide examples of sourcing programs and savings achieved through these collaborative sourcing approaches.